May 24, 2017 4:20 PM ET

Electrical Equipment

Company Overview of B&N Group

Company Overview

B&N Group offers diesel engines, power plants, pump sets, power packs, and sound absorbing cases for industrial, shipping, and pleasure boating markets. It develops and produces generator sets, pump sets, hydraulic equipment, alternators, and engines for rental and emergency power applications. The company also distributes industrial radiator cooled and marine heat exchanger/keel cooled propulsion and auxiliary engines, reversing gearboxes, power take-offs, generating sets, custom built power packs, energy solutions, sea water pumps, strainers, steering systems, engine room installation fittings, transmission, impellers, bow thruster, exhaust systems, and batteries. In addition, it offers fr...

Engelenburgstraat 45

Twello,  7391 AM

Netherlands

Phone:

31 571 27 69 00

Fax:

31 571 27 68 00

Key Executives for B&N Group

Group Chief Executive Officer
Compensation as of Fiscal Year 2016.

B&N Group Key Developments

Uralsib's Owner Reportedly Fails To Finalize Deal With CBM Owner; Alfa Bank Eyeing Bailout

The principal shareholder of Open joint stock company BANK URALSIB (MICEX:USBN), Nikolai Tsvetkov and Credit Bank of Moscow (open joint-stock company) (MICEX:CBOM) (CBM) principal beneficiary Roman Avdeyev have halted negotiations regarding the sale of at least 75% plus one share in Finansovaya korporatsiya URALSIB OAO (FC Uralsib), business daily Vedomosti reported citing banking sources. One source stated that deal fell apart as the parties could not reach an agreement. The Central Bank did not approve the deal, another source said. Roman Avdeyev wanted to essentially get Nikolai Tsvetkov’s entire 93% stake in FC Uralsib in exchange for recapitalizing Uralsib. The terms of the deal provided for this possibility. But Tsvetkov changed his mind about selling the bank for a symbolic price and asked for a "substantial sum," about $100 million, which Avdeyev was not willing to pay. Now the main suitor for Uralsib is Open Joint Stock Company Alfa-Bank. Alfa Bank is interested, but it does not want to buy Uralsib, it wants to oversee its financial turnaround, sources said. The Central Bank has offered Alfa Bank about RUB 280 billion for the bailout of Uralsib, but Alfa Bank considers this amount to be insufficient, the report stated. Meanwhile, Nikolai Tsvetkov is looking for another buyer for the bank and is in talks with B&N Group, the report stated citing one source.

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Recent Private Companies Transactions

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Date
Target
No transactions available in the past 12 months.
 

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